SBI Life Insurance Unit Plus Super Plan

SBI Life Insurance Unit Plus Super Plan is a flexible non participating Unit linked insurance Plan, specially designed to meet your changing requirements at various stages of life. With a wide array of funds, riders and other options, this product gives you the complete freedom to fulfill all your investment and insurance needs. And that’s not all; we now also offer you guaranteed additions and choice of payment options, giving you far superior value. 

Key Features:


Guaranteed Additions# of up to 75% of one annual regular premium on a regular premium policy, for a 30 year policy term, subject to the Policy being in force till the maturity date.
No Policy Administration fee for first 5 years for Regular and Limited Premium Paying Term (LPPT) plans, thereby boosting your fund value
No Premium Allocation Charge from 11th year onwards
Guaranteed Additions starting as early as 10th policy year onwards
Enhanced investment opportunity through 9 varied Fund Options including P/E Managed Fund, Index Fund & Top 300 Fund
Option to pay Regular/Limited/ Single Premium; Switch or Redirect your premiums
Flexible product with an option to increase/decrease your Sum Assured from 6th year onwards
Life Insurance coverage, with minimum Sum Assured, based on your age
Liquidity through Partial Withdrawals.
Option to customize the product with a wide range of riders: SBI Life – Criti Care 13 Rider (UIN: 111A018V01), SBI Life – Accidental Death Benefit Linked Rider (UIN: 111A019V01), SBI Life – Premium Payor Waiver Benefit Rider (UIN: 111A017V01) and SBI Life – Income Sustainer Rider (UIN: 111A020V01).
Product Snapshot


Age at Entry* Min: 7 years Max: 65 years
Age at Maturity 75 years
Policy Term Min. Term:
For Regular Premium (RP) -10 yrs, 15 to 30 years (both inclusive)
For Limited Premium Payment Term (LPPT) – 10 yrs, 15 to 30 years (both inclusive)
For Single Premium (SP) – 5 years
Max. Term: For Regular/Limited/Single Premium Option – 30 years
Premium Payment Term For Regular Premium – Same as Policy Term
For Limited Premium Payment Term (LPPT) –
Policy Term PPT
10 year 5 or 8 years
15-30 years 5 or 8 or 10 years
For Single Premium – Single Payment
Premium Amount (X 100)
Minimum Maximum
For  RP Rs. 30,000 Rs. 1,50,000
For LPPT Rs. 40,000 Rs. 1,50,000
For SP Rs. 65,000 Rs. 1,50,000
Premium Modes Single /Yearly
Sum Assured Minimum:
For Regular Premium (RP) & LPPT –
For Ages  below 45 yrs : Higher of {10 * Annual Premium (AP)  or (0.5 * Term * AP)}
For Ages  45yrs & above: Higher of {7 * AP  or (0.25 X Term X AP)}For Single Premium (SP) –
For Ages  below 45 yrs: 1.25 * SP
For Ages  45yrs & above: Fixed – 1.25 * SP
Particulars For Regular Premium For Limited Premium For Single Premium
Entry Age Below
45 yrs
45 yrs & above Below
45 yrs
45 yrs & above Below
45 yrs
Sum Assured 20 * AP 20 * AP 20 * AP 15 * AP 5 * SP
* All the references to age are age as on last birthday.


Maturity Benefit: On completion of Policy Term, Fund Value will be paid.
Death Benefit: Higher of the Fund Value or Sum Assured## is payable; with a minimum of 105% of total basic premiums paid## till the time of death.
Rider Benefits:
Criti Care 13 Rider: Provides lump sum amount to take care of 13 Critical Illnesses which include Cancer, Coronary Artery Bypass Graft Surgery, Heart Attack, Heart Valve Surgery, Kidney Failure, Major Burns, Major Organ Transplant, Paralysis, Stroke, Surgery of Aorta, Coma, Motor Neurone Disease and Multiple Sclerosis
Accidental Death Benefit Linked Rider: Provides additional death benefit if the death occurs as a result of an accident.
Premium Payor Waiver Benefit Rider: In the event of the death of the Proposer, the cover for the Life Assured under the base policy continues and the future premiums under the base policy, payable during the rider term, will be paid by the Company.
Income Sustainer Rider: Provides additional benefit in the case of death or in the case of Total & Permanent Disability due to Accident or Sickness, whichever is earlier. A 25% of income sustainer benefit sum assured is paid upfront and 1% of income sustainer benefit sum assured is paid monthly in arrears for 10 years or till the end of the base policy term (capped at a maximum of 30 years) whichever is higher.

Tax Benefits:


Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. Tax deduction under Section 80 (D) is available for premiums paid towards Criti Care 13 Rider.
Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.
Index Fund (SFIN : ULIF015070110INDEXULFND111)
Top 300 Fund (SFIN : ULIF016070110TOP300-FND111)
P/E Managed Fund (SFIN : ULIF021080910P/EMNGDFND111)# For any partial withdrawal done, the guaranteed addition shall be reduced proportionately.
## Net of partial withdrawals.

For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.




You may download the official brochure of this plan from here.


Rider Brochures


SBI Life – Accidental Death Benefit Linked Rider
SBI Life – Criti Care 13 Rider
SBI Life – Income Sustainer Rider
SBI Life – Premium Payor Waiver Benefit Rider


Benefit Illustration


You may check the benefit illustration of this plan from here.

Also Read :   SBI Life Insurance Smart Wealth Assure Plan

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